Tiger Brokers

CMOC's Subsidiary to Invest 900 Million Yuan in Fund Shares

Stock News
Yesterday

According to an announcement from CMOC (603993.SH), in order to further expand investment channels and enhance investment returns, the company's wholly-owned subsidiary Tibet Shimoke Trading Co., Ltd. plans to participate as a limited partner in subscribing for fund shares.

Specifically, it will contribute 500 million yuan of its own funds to subscribe for shares of Nanjing Yuanfeng Panmao Equity Investment Fund Partnership (Limited Partnership), referred to as the Nanjing Yuanfeng Fund.

Additionally, it will contribute 400 million yuan of its own funds to subscribe for shares of Hangzhou Hexie Chengzhang Phase IV Equity Investment Fund Partnership (Limited Partnership), referred to as the Hexie Chengzhang Phase IV Fund.

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